SpiceJet is currently trading at Rs. 37.55, up by 0.15 points or 0.40% from its previous closing of Rs. 37.40 on the BSE.
The scrip opened at Rs. 37.85 and has touched a high and low of Rs. 38.15 and Rs. 37.40 respectively. So far 15, 61,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 41.30 on 17-Sep-2012 and a 52 week low of Rs. 15.35 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 38.15 and Rs. 34.40 respectively. The current market cap of the company is Rs. 1,818 crore.
The promoters holding in the company stood at 48.59% while Institutions and Non-Institutions held 14.56% and 36.86% respectively.
SpiceJet, the Sun group-promoted airline company, is planning to raise equity capital from promoter group by issuing convertible debentures or warrant to fund its expansion plan. This issuance will be convertible up to a maximum of 52.177 million equity shares. The company will use these funds for expansion and it will also explore options including equity contribution from existing shareholders and raising debt.
At present, the entity company had 484.349 million outstanding shares with promoters holding a 48.59% at the end of quarter ending 30 September. Issuance of convertible debenture or warrant will take promoters holding up to 53.59%.
| Company Name | CMP |
|---|---|
| Interglobe Aviation | 5023.85 |
| SpiceJet | 12.63 |
| Raymond | 585.75 |
| Global Vectra Helico | 157.10 |
| Taneja Aerospace | 303.35 |
| View more.. | |
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